.Its own market capitalisation at Monday's closing rate remained at more than Rs 28,000 crore Photo: Bloomberg2 min read Last Upgraded: Sep 03 2024|10:19 AM IST.Bengaluru-based Brigade Enterprises prepares to elevate as much as Rs 1,500 crore by marketing equity shares to institutional financiers as part of its tactic to broaden service.The provider on September 2 introduced its own Qualified Institutional Placement (QIP) concern to increase funds.In a regulatory declaring late on Monday, Brigade Enterprises updated that a board of directors authorised the position of the QIP Issue on Monday.The door also accepted the flooring rate for the QIP problem at Rs 1,164.70 every equity Portion.The business's portion rate finalized at Rs 1,239.80 apiece on the BSE.Its market capitalisation at Monday's closing cost stood up at greater than Rs 28,000 crore.In March, Unit Enterprises had taken permission from investors to raise funds with the problem of safeties around Rs 1,500 crore.Unit Enterprises is just one of the leading realty creators in the country with a notable visibility in South India.Final month, Unit Enterprises stated greater than two-fold jump in consolidated internet earnings at Rs 83.72 crore for the June one-fourth of the current fiscal year.Its internet revenue stood up at Rs 38.53 crore in the year-ago time period.Total earnings cheered Rs 1,113.44 crore during the course of April-June FY25 coming from Rs 685.43 crore in the matching period of the previous year.( Only the headline as well as image of this document might possess been remodelled by the Business Criterion personnel the remainder of the information is auto-generated from a syndicated feed.) 1st Published: Sep 03 2024|10:19 AM IST.